VANCOUVER, British Columbia, Nov. 04, 2022 (GLOBE NEWSWIRE) — Clear Sky Lithium Corp. (CSE: POWR) (FRA: K4A / WKN: A3DM2W) (OTCQB: CSKYF) (“Clear Sky” or the “Company”), a mining exploration and development company focused on U.S. lithium deposits to support the Domestic Demand, today announced an agreement with Eva Garland Consulting, LLC (“EGC”) to undertake the development of a non-dilutive strategic plan targeting grant funding opportunities.
- EGC provides expertise in identifying and applying for applicable technology grant funding.
- Adjacent companies American Lithium Corp and American Battery Technology Company (located north and southwest of Clear Sky’s Halo project, respectively) recently received a joint grant with DuPont for $4.5 million from the US Department of energy.
- EGC has raised over US$600 million in grants to date.
EGC is an Inc 5000 fastest growing company, headquartered in Raleigh, NC. The company’s more than 40 doctoral students. Science Grants Experts specialize in providing comprehensive accounting and compliance assistance to accelerate the development of innovative technologies by securing and managing grants to drive scientific progress. EGC offers comprehensive support that includes project management, strategic guidance, scientific grant writing, and a tailored approach to each submission. EGC has worked with over 2000 innovative companies, universities, incubators and government agencies.
Company CEO Patrick Morris notes, “We are delighted to begin working with Dr. Garland’s team. With the recent announcement regarding our neighbors at American Battery Technology obtaining funding from the US Department of Energy, it was clear to us that now was the time to accelerate our action planning for non-dilutive funding opportunities. EGC has a proven track record and is already developing a detailed roadmap and timeline for us to prioritize available grant funding opportunities. We are excited to work with such an experienced partner to help accelerate growing federal, state and county government support for lithium exploration and technology advancement in the critical minerals sector more more priority. Our overall planning is based on the belief that advances in technology, particularly in lithium mining and processing, are key to shareholder value and that grant funding will play an increasingly important role in obtaining positive results for the entire industry.
Clear Sky is also pleased to announce that its common stock has been upgraded to the OTC Markets Group’s OTCQB® platform from the OTC Pink Market. The Company’s stock symbol remains the same. The company expects the OTCQB to help create shareholder value with the goal of improving liquidity and providing efficient access to trading.
Clear Sky Lithium advises the public that as part of its disclosure obligations as a public issuer, all filings and regulatory filings may be viewed at www.sedar.com. We also invite the public to visit our website at www.clearskylithium.com and sign up for our “News Alerts” to be notified of future press releases and related company information. Also be sure to watch our video which is available on the website.
On behalf of the Board of Directors,
Chief executive officer
Clear Sky Lithium Corp.
About Clear Sky Lithium Corp.. (CSE: POWR) (FRA: K4A / WKN: A3DM2W) (OTCQB: CSKYF)
Clear Sky Lithium is an exploration and development company dedicated to advancing North American lithium deposits to support domestic demand. The Company currently holds interests in the ELi and Halo properties in Nevada. The Company is also focused on developing clay mining and processing technologies aimed at delivering scalable efficiencies across the value chain in a sustainable manner. To learn more, visit www.clearskylithium.com and watch our video.
Disclaimer Regarding Forward-Looking Information
This press release contains statements and information which, to the extent that they are not historical facts, may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information may include financial and other projections, as well as statements regarding future economic plans, objectives or performance, or assumptions underlying any of the foregoing. In some instances, forward-looking statements may be identified by words such as “may”, “would”, “could”, “will”, “likely”, “unless”, “anticipate”, “believe”, “have the ‘intention’, ‘plan’, ‘forecast’, ‘project’, ‘estimate’, ‘prospect’, or their negative form or other similar expressions relating to matters which are not historical facts. Examples of such statements include, but are not limited to, statements regarding the Company’s plans to undertake the development of a non-dilutive strategic plan targeting grant funding opportunities, services to be provided by EGC and the resulting benefits to the Company, and the potential of the Company’s OTCQB listing to help create shareholder value with the aim of improving liquidity and providing efficient access to trading.
Forward-looking information is based on management’s assumptions, estimates, analyzes and opinions made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances as of the date such statements are made, but which may prove to be incorrect. Important factors and assumptions used to develop the forward-looking information contained in this press release include, but are not limited to, key personnel and qualified employees who continue their involvement with the company; the Company’s ability to obtain additional financing on reasonable terms; the competitive conditions of the industry in which the Company operates; and the laws and their amendments applicable to the Company.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the information. forward-looking, including, without limitation, risks related to the Company’s future business plans; the risks that the Company may not be able to retain its key personnel; the risks that the Company may not be able to obtain financing on reasonable terms or at all, as well as all other risks described in the Company’s final long form prospectus dated May 31, 2022, under the heading “Factors of risk”. Accordingly, readers should not place undue reliance on such forward-looking information. Further, any forward-looking information speaks only as of the date such statement is made. New factors emerge from time to time, and it is not possible for the management of the Company to predict all of these factors and to assess in advance the impact of each of these factors on the Company’s business or the extent to which any factor, or combination of factors, could cause actual results to differ materially from those contained in the forward-looking information. The Company undertakes no obligation to update forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unforeseen events, except as required by law, including securities laws.
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Clear Sky Lithium Corp.
Phone: +1 (778) 383-7240